Feeds

Wall Street to McNealy: Book the cruise tickets

Time to shove off

Intelligent flash storage arrays

Sun Microsystems is no stranger to free advice from Wall Street. After all, who could forget former Merrill Lynch luminary Steve Milunovich's urging Sun to "spin out" Java.

So, chief executive Scott McNealy must be chortling at Caris & Company research analyst Mark Stahlman who is quoted in Forbes predicting McNealy will soon "move on."

McNealy was famed for saying under cross-examination during one of the company's many crises that he was sticking with the company until his job was done. According to Stahlman, "job done" meant re-establishing product superiority, regaining control over costs and re-igniting demand in the company's customer base.

"In our opinion, these three criteria have largely been met. Accordingly we would not be surprised if McNealy does indeed decide to step down," the analyst is reported to have written in a freshly minted research note.

While Wall Street's enthusiasm for McNealy to relinquish the reigns can be felt during most of Sun's quarterly results conference calls, the phrase "job done" is a little like "the end of major combat operations in Iraq" as far as Sun is concerned.

Still on the list of things to do are: turn a profit, grow market share for the software portfolio, resolve the inherent contradiction between continued commitment to R&D in the declining Unix market with growth from the x86 platform that is built outside of Sun, successful transition into "services" based pricing instead of "licensing" based pricing for its software, and an expansion in the number of services and customers using Sun's $1 per hour grid.®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Reducing the cost and complexity of web vulnerability management
How using vulnerability assessments to identify exploitable weaknesses and take corrective action can reduce the risk of hackers finding your site and attacking it.